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Nov 29, 2012
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at the white house today, president obama will host mitt romney for a private lunch. it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions. >> he would have just extended the bush tax cuts and then the other stuff would have been -- but if romney had been elected, whether bad long term to extend them, that's one thing, but he would have extended -- this is a weird argument to be having to have everything hinging on on the 2% that are -- suddenly as i've said before, suddenly everybody loves the bush tax cuts. so weird. >> flips the tables on who likes what. >> it all goes back to the line in the band. obama first time around caved and his base never for gave him for extending the bush tax cuts when he said he wouldn't. >> maybe the republicans should be reconsidering the tough line that they dre
at the white house today, president obama will host mitt romney for a private lunch. it's their first meeting since the election. and this his victory speech, obama promised to engage with romney and consider his ideas. >> a lot of people didn't think the lunch would ever happen. >> interesting if he's going to be talking about ideas, mitt romney's idea had been to reach some sort of a cap on it 00 mem deductions. >> he would have just extended the bush tax cuts and then the...
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Nov 30, 2012
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everybody has their chair except mitt romney. plus you have a forcing mechani mechanism, the fiscal cliff. congress needs forcing mechanisms to act. plus, both with the president and speaker they have a reason to reach ain't agreement. political reason. the speaker it is because he knows republicans will take the hit if we go over the cliff. that's the way it is. the president has the microphone. and the president -- cane believe he wants to start the presidency out with a recession. i mean, this -- next term. so there -- i think there is a genuine identity of interest. i think at some point, maybe -- hopefully sooner rather than later, that it is later. they go in a room and sit down and they work off their framework they had would years ago and -- they reach an agreement. >> you know -- i would like -- >> basically simpson-bowles, i hope. >> i would like to think that's what happens. but -- you see where some of the starting points are here. it doesn't seem like it is -- any way reaching towards that sort of agreement. especial
everybody has their chair except mitt romney. plus you have a forcing mechani mechanism, the fiscal cliff. congress needs forcing mechanisms to act. plus, both with the president and speaker they have a reason to reach ain't agreement. political reason. the speaker it is because he knows republicans will take the hit if we go over the cliff. that's the way it is. the president has the microphone. and the president -- cane believe he wants to start the presidency out with a recession. i mean,...
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Nov 28, 2012
11/12
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they're part of governor romney's 47%. they're the moochers. >> warren, if you -- i know you've said in the past that you agree with plans like simpson/bowles, you've gone along with those things. in those plans they take ordinary income and they tax capital gains and dividends at the same levels as ordinary income, they get rid of things like charitable deductions, you go along with all those parts of the plan? >> well, i go a long. i can go along with any number of plans that in general move up the revenue to 18.5% or so of gdp and move down expenses down to 21%. whether it's simpson/bowles, whether it's quick/kernan, you can come out -- >> you left out sorkin. >> well, i -- really, i -- there's all kinds of plans that generally make sense. and i think we'll come up with one. and one of the problems you have is i think you could have a majority of congress before a plan but the far left would not, you know, would have some bolts that didn't like it and the far right would have bolts that didn't like it. and if the leader
they're part of governor romney's 47%. they're the moochers. >> warren, if you -- i know you've said in the past that you agree with plans like simpson/bowles, you've gone along with those things. in those plans they take ordinary income and they tax capital gains and dividends at the same levels as ordinary income, they get rid of things like charitable deductions, you go along with all those parts of the plan? >> well, i go a long. i can go along with any number of plans that in...
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Dec 6, 2012
12/12
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he also served as economic adviser to former presidential candidate mitt romney. kevin, what's your feeling now? i saw one of my colleagues tweeted a -- i don't get the "washington post," but dana milbank said republicans are raising a white flag as big as a bed sheet. is that how you see it? >> it is interesting if you look at the negotiations that president obama offered this massive tax increase with no concessions and this sort of outrageous request on the debt limit which was a really aggressive first offer. and then the republican s countered with a moderate reasonable plan exactly modeled after a proposal by erskine bowles. so if you're trying to handicap the negotiations, you'd have to concede that dana is on to something. >> really. so -- >> at least like the starting point. so basically the starting point for the republicans is what president obama probably would have viewed as a victory if they had the negotiation. >> yeah, he wanted another 400 supposed supposedly. how does simpson-bowles get to -- how does it raise revenue? what's the number that it r
he also served as economic adviser to former presidential candidate mitt romney. kevin, what's your feeling now? i saw one of my colleagues tweeted a -- i don't get the "washington post," but dana milbank said republicans are raising a white flag as big as a bed sheet. is that how you see it? >> it is interesting if you look at the negotiations that president obama offered this massive tax increase with no concessions and this sort of outrageous request on the debt limit which...
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Dec 5, 2012
12/12
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which is a huge difference, one reason why people like me look at former presidential candidate mitt romney talk about npr or planned parenthood. the number one answer for balancing the budget is foreign aid. which if you really wanted to balance the budget and you don't always have to go to the department of justice or whatever it may be. but over the next ten years, 90% of federal outlays will be medicare, medicaid, social security, defense spending and interest on the debt. you can wipe everything else out and you'll basically -- >> it's like what you were talking about in the last hour, to rational exuberance. americans want it, want it now, and don't want to pay for it. there's a certain quality in american democracy that just allows us to be completely self-deluded. >> dan brought up an grinterestg point, the debt. which they're going to go up, at that point, you've got a serious problem on your hands. >> why wouldn't -- as a leader of the free world, why wouldn't you be saying i've got to get these entitlements under control? they're not even talking about it, not addressing it on th
which is a huge difference, one reason why people like me look at former presidential candidate mitt romney talk about npr or planned parenthood. the number one answer for balancing the budget is foreign aid. which if you really wanted to balance the budget and you don't always have to go to the department of justice or whatever it may be. but over the next ten years, 90% of federal outlays will be medicare, medicaid, social security, defense spending and interest on the debt. you can wipe...